KARACHI: Gold and silver prices recorded significant increases in Pakistan’s local bullion market, with the price of gold rising by Rs3,500 per tola, according to rates released by the All Pakistan Sarafa Gems and Jewellers Association.
According to the association, the price of 24-karat gold increased by Rs3,500 per tola to Rs425,636. The price of 10 grams of 24-karat gold rose by Rs3,001 to Rs364,914.
The price of 10 grams of 22-karat gold also increased, gaining Rs2,751 to reach Rs334,516.
Silver prices also moved higher in the local market. The price of silver rose by Rs61 per tola to Rs5,854, while the price of 10 grams increased by Rs52 to Rs5,018.
Meanwhile, gold prices also advanced in the international market, with the price rising by $35 per ounce to $4,031. Silver prices increased by 61 cents per ounce to $53.76.
